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Iber Aluminium Engineering

Open bankruptcy
Private limited companyfounded 2020Antwerpsestraat 168, 2640 Mortsel, BelgiumKBO/BCE: BE 0746.437.566

A bankruptcy procedure is open for Iber Aluminium Engineering according to publications in the Belgian State Gazette; curator: LIESBET JACOBS.

Summary

The 2023 annual accounts show negative equity (€-13k) and a net result of €-51k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity
€-13k
2022 · €38k
2020: €29k 2021: €32k 2022: €38k
2020 → 2023
Total assets
€362k▼ 8.2%
2022 · €394k
2020: €146k 2021: €236k 2022: €394k
2020 → 2023
Net result
€-51k
2022 · €6k
2020: €14k 2021: €3k 2022: €6k
2020 → 2023
Working capital
€-19k
2022 · €38k
2020: €31k 2021: €33k 2022: €38k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2020202120222023Trend
Equity€29k-€32k▲ 11.2%€38k▲ 18.1%€-13k
Operating result€19k-€5k▼ 71.8%€11k▲ 107%€-48k
Net result€14k-€3k▼ 76.6%€6k▲ 79.0%€-51k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0€20kOperating result 2020: €19k€19kNet result 2020: €14k€14kOperating result 2021: €5k€5kNet result 2021: €3k€3kOperating result 2022: €11k€11kNet result 2022: €6k€6kOperating result 2023: €-48k€-48kNet result 2023: €-51k€-51k2020202120222023€-60k€-40k€-20k€0€20kOperating result 2021: €5k€5.3kNet result 2021: €3k€3.2kOperating result 2022: €11k€11kNet result 2022: €6k€5.8kOperating result 2023: €-48k€-48kNet result 2023: €-51k€-51k202120222023
The operating result turns negative in 2023: a loss of €48k after €11k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €362k
Fixed assets €11k ▲ 456%
Current assets €351k ▼ 10.6%
Key figures and ratios
2023 value · change against 2022
EBITDA
€-42k
2022 · €15k
Cash flow
€-45k
2022 · €9k
Solvency
-3.6%
2022 · 9.6%
Current ratio
0.95
2022 · 1.11
Quick ratio
0.77
2022 · 0.98
Debt to equity
-28.67
2022 · 9.41
ROA
-14.1%
2022 · 1.5%
Interest coverage
-13.18
2022 · 5.20
Debt
€375k
2022 · €357k
Debt ≤ 1 year
€370k
2022 · €355k
Debt > 1 year
€5k
2022 · €2k
Staff costs
€116k
2022 · €93k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€394k€362k
Fixed assets21/28€2k€11k
Tangible fixed assets22/27€2k€11k
Furniture and vehicles24€2k€11k
Financial fixed assets28-€250
Current assets29/58€392k€351k
Stocks and contracts in progress3€43k€67k
Stocks30/36€43k€67k
Amounts receivable within one year40/41€268k€263k
Trade receivables40€268k€263k
Cash at bank and in hand54/58€81k€21k
Equity and liabilities
Total equity and liabilities10/49€394k€362k
Equity10/15€38k€-13k
Contributions10/11€15k€15k=
Outside capital11€15k€15k=
Other1109/19€15k€15k=
Profit (loss) carried forward14€23k€-28k
Amounts payable17/49€357k€375k
Amounts payable after more than one year17€2k€5k
Financial debts170/4€2k€5k
Amounts payable within one year42/48€355k€370k
Current portion of amounts payable after more than one year42€4k€4k
Trade debts44€322k€345k
Suppliers440/4€322k€345k
Taxes, remuneration and social security45€23k€14k
Taxes450/3€10k€4k
Remuneration and social security454/9€13k€11k
Other amounts payable47/48€6k€6k=
Income statement Code20222023
Remuneration, social security and pensions62€93k€116k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k
Other operating charges640/8€2k€2k
Gross operating margin9900€110k€76k
Operating profit (loss)9901€11k€-48k
Financial income75/76B€1€1
Recurring financial income75€1€1
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€8k€-51k
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-51k
Profit (loss) for the period to be appropriated9905€6k€-51k
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-28k
Profit (loss) brought forward from the previous period14P€17k€23k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
24-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · IBER ALUMINIUM ENGINEE- RING BV ANTWERPSESTRAAT 168, 2640 MORTSEL · event 18-09-2025
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 342 days late
2023
31-12
Financial Weakest financial yearnet €-51k ▼979%
Net result drops to €-51k, the lowest in the series.
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
28-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mortsel · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
84 m²
Building footprint
94 m²
Volume, LiDAR
761 m³
Parcel 11029A0080/00A002, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Iber Aluminium Engineering
Antwerpsestraat 168, 2640 MortselJoinery installation
since 20202.302.257.980
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11029A0080/00A002 Flanders 84 m² 1 · 94 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LIESBET JACOBS
POPULIERENLAAN 43, 2630 AARTSE- LAAR
18-09-2025present

Similar companies · same sector, comparable size

Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
22240Manufacture of rubber and plastic products
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47522Retail trade
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Enterprise
Enterprise
Phone:+3233860603
Enterprise